London SE1 community website

Southbank House sold for 16 million

London SE1 website team

Workspace, which provides serviced office accommodation to small and medium-sized enterprises in London and the South East, acquired the 212-unit Vauxhall property from Business Environment Group,

Southbank House currently provides an annual income of 1.25 million, a figure that Workspace hopes to increase.

"This is an excellent acquisition for Workspace. We have been tracking this particular property for some time. Vauxhall is a great location for SMEs who want to be located close to the heart of London. We know Southbank House well and we are confident that it will complement our other properties in the area. With Southbank House as part of our portfolio, we can further increase the range and style of accommodation that we can offer to our customers," said Workspace chief executive Harry Platt.

The SE1 website is supported by people like you
Keep up with SE1 news

We have three email newsletters for you to choose from:

We are part of
Independent Community News Network
Email newsletter

For the latest local news and events direct to your inbox every Monday, you need our weekly email newsletter SE1 Direct.

7,000+ locals read it every week. Can you afford to miss out?

Read the latest issue before signing up

Archive
News archive from February 1999 to January 2001
Got a story for us?
Contact us with your tip-offs and story ideas.